by Willie Tan | Apr 12, 2024 | Glossary
A Private Limited Company, often abbreviated as Pvt Ltd or Pte Ltd, is a type of business entity that is privately held by a small group of shareholders. This business structure is commonly used in many countries, including the United Kingdom, India, Singapore,...
by admin | Apr 12, 2024 | Glossary
The Productivity Solutions Grant (PSG) is a government initiative in Singapore aimed at assisting businesses in adopting technology solutions and enhancing productivity. Understanding the concept of PSG is essential for businesses seeking financial support to improve...
by admin | Apr 12, 2024 | Glossary
Profit and loss, often abbreviated as P&L, refers to a financial statement that summarizes the revenues, expenses, and resulting net income or loss of a business over a specific period. Understanding the concept of profit and loss is essential for assessing the...
by admin | Apr 12, 2024 | Glossary
A proxy refers to a person or entity authorized to act on behalf of another individual or group, typically to represent their interests or exercise their rights in a legal or corporate context. Understanding the concept of proxy is essential for shareholders,...
by admin | Apr 12, 2024 | Glossary
A public company, also known as a publicly held company, is a business entity whose ownership is distributed among the general public through the sale of shares of stock. Understanding the concept of a public company is essential for investors, stakeholders, and...
by admin | Apr 12, 2024 | Glossary
A publicly traded company, also known as a public company, is a business entity whose shares of ownership, or stocks, are available for purchase and sale on a public stock exchange. Understanding the concept of a publicly traded company is essential for investors,...
by Willie Tan | Apr 12, 2024 | Glossary
The Personalised Employment Pass (PEP) is a work pass issued by the Ministry of Manpower (MOM) in Singapore. It is designed for high-earning foreign professionals who wish to work and live in Singapore independently of any specific employer. The PEP allows holders...
by admin | Apr 12, 2024 | Glossary
The Registrar of Societies (ROS) is a governmental agency responsible for the registration and regulation of societies and associations in Singapore. Understanding the role of the Registrar of Societies is essential for organizations seeking legal recognition and...
by admin | Apr 12, 2024 | Glossary
Society refers to a group of individuals who share common interests, values, norms, and cultural practices, and who interact with one another within a specific geographical or social context. Understanding the concept of society is essential for comprehending social...
by Willie Tan | Apr 12, 2024 | Glossary
The Personal Data Protection Act (PDPA) is a legislation or set of laws aimed at safeguarding the privacy and rights of individuals concerning their data. It establishes rules for the collection, use, disclosure, and protection of personal data by organisations. Key...
